Aleafia Health Inc. (OTCQB: ALEAF) (TSX:AH) has entered into an amendment to the terms of the loan agreement with NE SPC II LP dated as of December 24, 2021 and as previously amended by agreements dated March 28, 2022 and June 17, 2022.

While the original loan agreement provided that the indebtedness owed to NE SPC could be made payable on demand, NE SPC has agreed in the amendment to forbear on enforcing the loan agreement until the earlier of an event of default, or May 31, 2023. The amended terms also provide for additional circumstances that would constitute an event of default as well as additional covenants imposed on the company including an obligation …

Full story available on

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.